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White House Press Secretary Jay Carney insisted to reporters on Air Force One today that President Obama has "demonstrated significant fiscal restraint” and applied a “balanced approach.”

According to the pool report, Carney added that any reporting to the contrary, would just be the result of “sloth and laziness.” Carney cited an article by financial columnist Rex Nutting of MarketWatch, which was also cited by David Axelrod this morning on Twitter.

As AEI's Jim Pethokoukis writes, Nutting arrives at these numbers by assigning 2009 government spending to George W. Bush.

Education without values, as useful as it is, seems rather to make man a more clever devil.C. S. LewisDo not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:Ayn Rand

WASHINGTON (MarketWatch) — Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.

(...)

Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Even hapless Herbert Hoover managed to increase spending more than Obama has.

You can read the rest and its "Facts" your self. Its based on a chart produced by Pelosi last year as its source of hard facts.

Infact it sources almost all of '09 spending, including Porkulus 1 & 2, TARP 2, all on Bush's watch.

Then get past the obvious lies in that piece.

Next day, Tingles hops on PMSNBC and parrots it him self.

CHRIS MATTHEWS: Not true. And the only problem with Republicans trying to paint President Obama as a reckless spender is it is not true at all. Market Watch point out that federal spending is rising at the slowest rate- In fact, look at it there since 1950. But take a look at that bar chart there. For four years, from fiscal year ’09 through fiscal year ’13, we are heading into, no change. It’s been about $3.5 trillion right through. You know, Joan, every once in a while I’m amazed because I have heard so much about how government federal spending has been spiking every year. And you look at the ad that Rove put out and you’d be lead to believe that every year it is ticking upward. It is incredibly flat, government spending, federal spending.

Now you have the WHs and a few other liberal rags all preaching the same. Problem. The facts dont back it up. And will burn them in the end.